– Last week, the United States national debt ticked above US$22 trillion for the first time, an amount equivalent to $67,000 per U.S. citizen – The U.S. federal government owes more money than any other institution in the history of human civilization and it’s just getting worse – Below, a few factoids about just how […]
– Why it’s time to get into gold – We’re on the cusp of “huge changes in the world” – “Massive impact on the price of the most enduring investment in history: GOLD” – “A gold shock is coming” and “$10k gold is not out of the question” Introducing the 2019 Gold Summit I think we’re about […]
– Jim Willie interviews Mark O’Byrne of GoldCore about the slowly erupting Global Financial Crisis II and the importance of being financially prepared but also “psychologically prepared” – “Not a single thing has been fixed” and vitally important people prepare now for the “next phase” of the currency wars and the global financial crisis which […]
1.7 billion adults globally remain unbanked Global financial literacy is low with little understanding of diversification Payment costs remain high with still slow transactions Low trust in banks, financial institutions and governments Rising global inequality: top 1% own 47% of all household wealth Currency devaluation, gold manipulation & financial repression Build-up of massive systemic risk […]
When Trouble Strikes, Where Should You Hide? The Grand Central Theory of Markets The Economist Imagine you have an assignation in New York. You have not been told where you should meet the other person and she has not been told where to meet you. You have no understanding of where to find her or […]
– Invest in gold as a hedge, in pensions & as a store of value – Rogoff – Investing in and owning gold as a hedge will become more important as it will have “enormous value” in a cashless society – Bitcoin and cryptocurrencies are not an effective replacement for paper money … but gold’s […]
Gold Love Trade Could Set New Valentine’s Spending Record Happy Valentine’s Day! This Valentine’s Day might best be remembered for two things in particular writes Frank Holmes via Forbes. One, for the first time in 153 years, candy lovers won’t be able to pick up a box of Sweethearts, those classic heart-shaped candies bearing sweet […]
– Gold prices in pounds and euros as economic growth falters in UK and EU – Euro & pound gold tests multi year resistance; likely to surpass due to strong demand – Improved risk appetite sees stocks rise which may be hampering stronger gains for gold – Investors concerns regarding trade wars, Brexit, Italexit, the economic […]
More Irish Investors Storing Their Gold In Ireland via RTE News, Radio and TV GoldCore has recently transported gold bullion coins and bars weighing nearly 2,000 troy ounces (over 60 kilos) and worth more than €2m into the country from the UK. This is believed to be the largest legitimate movement of gold bullion into […]
-Large Gold Bullion Shipment Moves From London to Dublin Gold Vaults As Brexit Concerns Deepen – Growing demand from investors to relocate tangible assets out of the UK – “Zurich continues to be the most sought-after location for storage, but Dublin has already surpassed Hong Kong and will likely usurp the second spot from London” Ireland’s […]
– Store gold bullion in the safest ways possible and learn from Venezuela’s gold battle with the Bank of England and Trump’s White House – What in the world is happening in Venezuela and to the people of Venezuela’s gold? – How you store gold and invest in gold is vitally important in these uncertain times […]
The Relevance of Gold As A Strategic Asset (2019) – World Gold Council Gold is a highly liquid yet scarce asset, and it is no one’s liability. It is bought as a luxury good and store of value as much as an investment. As such, gold can play four fundamental roles in a portfolio: a source […]
– ITALEXIT: Italy to crash out of Euro and ‘rock EU to its foundations’ – Italy’s debt crisis will lead to default, exit from the euro, or both claims respected economist Bootle – Italy has fallen back into recession with its economy shrinking by 0.2% in the last quarter – “When Italy finally blows up, it will cause […]
– Intellectuals are laying the groundwork for “a tower of debt higher than any ever seen in world history” – Alexandria Ocasio-Cortez (AOC) and Donald J Trump (DJT) will soon be on the same side by coming to love massive debt, “$2-trillion federal deficits,” ultra loose monetary policies and the debasement of the dollar – Beyond “good and […]
7. Diversify, diversify, diversify – Truly balance your savings and investments 6. Avoid leverage and speculation and focus on saving and owning quality assets 5. Don’t make money the guiding principle for what you have or do 4. Own gold/ silver (in safest ways) & focus on value rather than price in fiat $, €, […]
– Central banks buy gold in largest buying spree in a half century – 2nd largest year of gold purchases by banks on record – WGC – Central banks bought more gold bullion last year than anytime since 1967, prior to the U.S. ending the gold standard in 1971 – Governments added 651.5 tonnes (metric) of […]
– Gold breaks out of range to highest in 8 months after dovish Fed – Fed keeps benchmark interest rates unchanged (range between 2.25 percent and 2.5 percent), will be ‘patient’ on future hikes and “flexible” on its balance sheet as indebted and vulnerable US economy slows – Fed decision and statement are very gold positive […]
– “World’s most dangerous hotspot” is in the South China Sea – Currency and trade wars can lead to shooting wars warns Rickards – Chinese buildup in South China Sea like ‘preparing for World War III’ says US senator (see news) – U.S.-China shooting war could be, as Mick Jagger put it, “just a shot away…” Chinese […]
– Buy bitcoin or gold? Bitcoin buyers are investing in gold in 2019 – Poll of 4,000 bitcoin buyers shows their No 1 investment in 2019 is gold – “Gold lost to bitcoin and now it’s going the other way…” says ETF strategist – “Gold is a store of value and there’s no disputing that…” Gold […]
via Marketwatch: Gold futures settled above $1,300 an ounce on Friday, with prices for the yellow metal at their highest since June as the U.S. dollar pulled back and investors eyed geopolitical turmoil and global growth worries. Rising gold prices reflect “political uncertainty” in the U.S., Eurozone, Venezuela and pockets of South America, as well […]